Teekay Corporation (TK) AI Stock Analysis

Teekay Corporation provides international marine transportation services focused on moving crude oil and other marine cargo. The company delivers ship-to-ship transfers across the oil, gas, and dry bulk industries, alongside lightering support and operational services for offshore energy production. As of March 1, 2022, Teekay operated a diverse fleet of approximately 55 vessels serving utility companies, energy producers, petroleum commodity traders, and government agencies. Founded in 1973 and headquartered in Hamilton, Bermuda, the organization manages energy transfer and marine logistics operations across global shipping corridors.

Teekay's annual revenue rose from $682.5M in FY2021 to a peak of $1.46B in FY2023, before falling to $1.22B in FY2024 and $949.5M in FY2025, reflecting a 5-year revenue CAGR of -3.7%. Operating margin reached 36.3% in FY2023 and stood at 21.8% in FY2025, when net income was $98.1M. Over the trailing twelve months, Teekay posted revenue of $1.15B with a 46.9% operating margin and EPS of $2.07. For the latest quarter ended June 30, 2026, quarterly revenue growth accelerated to 43.5% year-over-year, while quarterly earnings growth increased 242.6%.

As of June 30, 2026, Teekay held $1.27B in cash and short-term investments against total debt of $37.5M, leaving a net cash position of $1.23B. The company maintained a current ratio of 10.36 and a debt-to-equity ratio of 0.05 against shareholders' equity of $760.7M. For FY2025, operating cash flow reached $301.8M and free cash flow was $108.5M. Capital allocation in FY2025 included $193.3M in capital expenditures, $85.3M in dividends paid, and $4.9M in share buybacks, with share count declining 14.0% over 5 years.

Teekay trades at a trailing P/E of 6.8x and a forward P/E of 9.6x, below the median of its US-listed Energy peers of 15.0x and 12.7x, respectively. Its price-to-sales multiple of 1.1x is also lower than the peer median of 1.8x, while enterprise value sits at -$23.9M with an EV/EBITDA of 0.0x compared to the peer median of 8.0x. Over the past year, Teekay shares gained 84.0%, outpacing the S&P 500 (SPY) return of 16.8%. Over a 5-year span, the stock rose 711.5% compared to 83.0% for the S&P 500.

Teekay has paid dividends for 3 consecutive years, with an annual forward dividend of $1.00 and a stated dividend yield of 0.00%. In FY2025, total dividends paid were $85.3M, reflecting a payout ratio of 48.1%. The last ex-dividend date was May 26, 2026, with distributions scheduled under an Other frequency.

Wall Street tracking for Teekay Corporation reflects a mean price target of $5.00, which sits 64.4% below its last close price of $14.06 recorded on October 16, 2026. Over its last four reported quarters, Teekay demonstrated an earnings track record of beating consensus EPS estimates 3 times. The company's next earnings release date is scheduled for November 4, 2026.

This page is an AI-written research summary of Teekay Corporation (TK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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